News

The US Federal Reserve said it would continue to reduce its bond buying stimulus program by $10 billion a month and will keep interest rates extraordinarily low for as long as required.

Bank of England in no rush to hike interest rates

BoE policymakers voted unanimously to maintain rates at record low

James Moore: What goes up must come down on the US markets

Outlook Another record for the Dow, which broke the 16,000 barrier as the more broadly based S&P 500 index broke the 1,800 barrier – both for the first time. Happy days are here again, right? At least for those who play the market.

The Bank of England could raise rates in the middle of next year

Interest rates rules have been turned upside

A rise is expected next year, making savers happy and plunging the heavily mortgaged into despair. But it also means a return to growth … in theory

Fed chief dismisses suggestions that policies created 'bubble conditions'

The Federal Reserve chairman-designate Janet Yellen vigorously defended the central bank's stimulus policies today, dismissing suggestions it had created "bubble conditions" in financial markets. She left scant doubt the Fed under her leadership would continue this strategy until the economy had returned to normal.

Mortgage arrears and home repossession figures falling

But there are still fears about the potential impact of higher interest rates and higher mortgage payments

Bank of England Governor Mark Carney assured that interest rates will not be raised immediately

Governor Mark Carney declares recovery is here, but will interest rates rise?

The latest economic forecasts looked, on the surface, like good news

Surprise dip in inflation dampens calls for BoE to put interest rates up

The prospect of an early hike in interest rates by the Bank of England receded yesterday as prices rose by considerably less than expected last month.

IMF gives backing to Bank of England Governor Mark Carney over forward guidance

Mark Carney's flagship forward guidance policy was backed by the International Monetary Fund today as the Bank of England Governor marked 100 days at the helm in Threadneedle Street.

Carney boosts pound by saying no to more QE

Bank of England Governor Mark Carney lifted the pound yesterday with his most explicit rejection yet of more money-printing to aid the recovery.

New manufacturing figures will ease pressure on Mark Carney to pump more stimulus into the economy

Bank of England: Mark Carney boosts value of pound by saying no to more quantitative easing

Governor says the strength and breadth of the economic recovery means no more cash injections are needed - for now

Icap Boss Michael Spencer under fire after £55m Libor scandal fine

Icap boss Michael Spencer was today told to “raise his game” after the firm was hit by an embarrassing £55 million fine for its role in the Libor scandal.

Jim Armitage: Bank is right to seek a clearer picture of risk

Outlook The Old Lady of Threadneedle Street likes drama to be reserved firmly for the stage. So yesterday's announcement from her Financial Policy Committee on "potential amplification channels" of financial risks was characteristically short on hyperbole.

‘No promises’ on interest rates in Bank’s policy

A member of the Bank of England’s Monetary Policy Committee last night delivered a staunch defence of the Bank’s new forward guidance policy.

Money Insider: Steer clear of big banks' high rates on small loans

Interest rates are at rock bottom if you're in the market for a five-figure personal loan from your bank. But if you apply to borrow a smaller sum you'll be in for a nasty surprise.

Hamish McRae: When the money taps are turned off, the scramble to recovery will begin

Economic View: The world ought to have several years of decent cyclical growth until the next recession

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Homeless Veterans Christmas Appeal: ‘We give them hope. They come to us when no one else can help’

Christmas Appeal

Meet the charity giving homeless veterans hope – and who they turn to when no one else can help
Should doctors and patients learn to plan humane, happier endings rather than trying to prolong life?

Is it always right to try to prolong life?

Most of us would prefer to die in our own beds, with our families beside us. But, as a GP, Margaret McCartney sees too many end their days in a medicalised battle
Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night - is that what it takes for women to get to the top?

What does it take for women to get to the top?

Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night and told women they had to do more if they wanted to get on
Christmas jumper craze: Inside the UK factory behind this year's multicultural must-have

Knitting pretty: British Christmas Jumpers

Simmy Richman visits Jack Masters, the company behind this year's multicultural must-have
French chefs have launched a campaign to end violence in kitchens - should British restaurants follow suit?

French chefs campaign against bullying

A group of top chefs signed a manifesto against violence in kitchens following the sacking of a chef at a Paris restaurant for scalding his kitchen assistant with a white-hot spoon
Radio 4 to broadcast 10-hour War and Peace on New Year's Day as Controller warns of cuts

Just what you need on a New Year hangover...

Radio 4 to broadcast 10-hour adaptation of War and Peace on first day of 2015
Cuba set to stage its first US musical in 50 years

Cuba to stage first US musical in 50 years

Claire Allfree finds out if the new production of Rent will hit the right note in Havana
Christmas 2014: 10 best educational toys

Learn and play: 10 best educational toys

Of course you want them to have fun, but even better if they can learn at the same time
Paul Scholes column: I like Brendan Rodgers as a manager but Liverpool seem to be going backwards not forwards this season

Paul Scholes column

I like Brendan Rodgers as a manager but Liverpool seem to be going backwards not forwards this season
Lewis Moody column: Stuart Lancaster has made all the right calls – now England must deliver

Lewis Moody: Lancaster has made all the right calls – now England must deliver

So what must the red-rose do differently? They have to take the points on offer 
Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

It's in all our interests to look after servicemen and women who fall on hard times, say party leaders
Millionaire Sol Campbell wades into wealthy backlash against Labour's mansion tax

Sol Campbell cries foul at Labour's mansion tax

The former England defender joins Myleene Klass, Griff Rhys Jones and Melvyn Bragg in criticising proposals
Nicolas Sarkozy returns: The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?

Sarkozy returns

The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?
Is the criticism of Ed Miliband a coded form of anti-Semitism?

Is the criticism of Miliband anti-Semitic?

Attacks on the Labour leader have coalesced around a sense that he is different, weird, a man apart. But is the criticism more sinister?
Ouija boards are the must-have gift this Christmas, fuelled by a schlock horror film

Ouija boards are the must-have festive gift

Simon Usborne explores the appeal - and mysteries - of a century-old parlour game